RBA
Living pressures ease for employee households
7 February
Working families are still under acute financial pressure but fewer cash rate hikes of late has tempered growth in their overall living costs. In the 12 months to the December quarter, living costs rose 6.9 per cent for employee households, down...[Read More]
New building activity slows as rates bite
18 January
New home building starts have plummeted by more than 20 per cent in 12 months as labour and material shortages continue to weigh on the construction industry. New building activity fell further in the September quarter after softening moderately in...[Read More]
RBA hikes interest rates 25 basis points
2 November
The central bank has pulled the trigger on another 25 basis point rate rise and upgraded its peak inflation forecasts off the back of higher-than-expected inflation. The seventh hike in the Reserve Bank of Australia’s policy tightening cycle...[Read More]
Rate hikes could help home buyers: RBA
21 September
It takes around two years for elevated interest rates to dampen house prices enough to offset higher mortgage repayments, a senior RBA official says. Interest rate hikes diminish the amount buyers can borrow, which the Reserve Bank of...[Read More]